Without sounding like a told you so dick i have been saying for the last 2 months the numbers were not adding up as the daily volumes indicated, KJ should be ashamed of himself leaving everyone hanging for this Chinese deal whilst all the time the massive dilution was taking place, the OS have gone from 120 million 6 months back to over 4 times that , so a realistic price even with the Chinese deal IMO would only be a couple of pennies at best. I am just glad my entry is not too high. At least now we know how many shares are floating around and its not pretty.
No deal this week and KJ is just the usual OTC dream salesman IMO

This should help you out

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49768974

Most likely a Market maker who did not report his trades during the day, pretty common on the OTC. Enjoy your weekend and GLTU for the coming week

Just read this post again and you will know there are rules you have to follow regarding share buy backs. Click on the link at the bottom to get the full lowdown. Definitely not happening.


http://investorshub.advfn.com/boards/read_msg.aspx?message_id=121537527

Due to the dilution i do not see lack of volume being the problem. It went up previously on relatively small volumes compared to the last few months trades. It needs delivery on the promises plain and simple. Other wise we are treading water just like the last 2 months.

I am not throwing the baby out with the bathwater just yet but it really is time for filed/confirmed progress not just fluff/delays
Lets see where we are this time next week

Please read my post again, i never claimed CDNL was a scam, i said the full time OTC professional traders are Snake oil salesmen by and large. I also agree that there are plenty of longs on this board and it would be nice if their patience was rewarded by KJ actually coming through. Its the same for me its stand and deliver time CDNL. GLTU

No different to the snake oil salesmen of the old west,i have no problem with buying and selling for profit , we all want that agreed, its the methods used to do it. The OTC is full of bag salesmen who usually bombard boards with meaningless diatribe. GLTU. its every fortunate for the bag salesmen that as the old saying goes there is one born every minute ready to hold that bag on the back of the hype. As for bring liquidity, you mean attract future bag holders surely LOL

Was going to stay silent till next week but these newly arrived pumpers are too funny.This thing contracted alopecia thanks to that dilution. Only one thing going to grow any hair back and that is the the same thing we have been waiting on for the last 3 months. I see the usual suspects have appeared in the last week in the hope of feeding time and i am sure they will soon move on if come next week the wait continues or they pass their bags to someone else. KJ has run out of time and excuses IMO and the next few trading days will be telling one way or another. GL longs we need it, only people making money here at the moment are flippers and pumpers. Until Next week people

Lots of candy has been made by some here, looks like several people will be holding higher than the current PPS based on the trading action between 4-7-4 today. Obviously if the FB thing proves to be the goldmine everyone seems to think it could be awesome for all, pretty sure though most who were in very early have left or sold a fair chunk as there are some flags. The fact the company has been so quiet and trading virtually non existent would make me look real close. Like most OTC its a speculative play and good luck to those who are playing. I would have to liquidate to play so will stick with what i have for now but GLTA, as a reminder though this company is on the dark side of the OTC as the stop sign indicates, some confirmation from the company would definitely send this ballistic, hopefully a few more of you will make some green

That was one that slipped under the radar, volumes pretty tiny considering the price momentum, surprised the usual suspects did not F**k it up, thats probably how its managed to get as high as it has no crazy flippers and pumpers causing havoc. IMO

Whilst i remain cautiously optimistic and at this PPS its worth holding for the potential the complete lack of any concrete progress has got it back to trading just above subs, it had such a high profile 9 months ago and was releasing PRs on a pretty regular basis, the complete opposite of where we are now, if you do not hold peoples attention they will move on that is just Human nature and everyone has to admit this tickers IR is poor to say the least and i have heard that one way to be more successful and raise finance easier is to try and maintain a decent PPS and keep up your profile LOL.

In conclusion i am holding but only because it could be a serious mover on the right news, but its far from a banker and people realize it hence the current PPS, the last few days action have offered a little cause for optimism but it needs the company to start making noise sooner rather than later. GLTA

Ouch, 20/20 is usually a painful lesson. That was exceptional trading and kind of bonkers really, 4500%. Somebody is happy tonight i would be happy with 45% here LOL. GLTU

GLTU as well
Yeah i am now at peace with myself, LOL
i am sitting out for a while as history is just repeating itself for now and we are all just speculating and getting wound up by the PPS sticking near the bottom with these large trades taking place, only one person really knows what is happening, i have spoken with him myself also but its still all fluff IMO until its filed . It is what it is, we will see in a couple of weeks. Ciao for now

Confidence is usually a unwise where this deal is concerned. First Day, First week, 10th whatever just get it done i say, i am so over this farce of a transfer.
I am sure 99% of us are just sick to death of the trials and tribulations of this whole affair and all the false deadlines.We have stuck it this far another couple weeks will not make much difference, but then if no money all credibility gone IMO.
The debate on the dilution is so funny, for weeks people have said its over and yet it seems to continue, no one really knows when it will stop for sure or how many converters took part and how many shares are now floating around or how much debt is left. Here we are over 2 months after the initial dilution and the PPS is .0031 and its a normal day with 17+ million shares traded yet people still think they will be millionaires this time next year despite not knowing how many shares are out there a figure that will be doubled if we get completion of the Chinese deal.
For sure we have some flippers but the range today made that unlikely IMO that they were heavily involved today.

As for the supposed Whales watching this ticker, ha ha ha please if that was even remotely true i am sure they would be doing the finance deal not the Chinese.

Nothing left for me to say on this that has not been said a million times already in the last couple of months. No confidence here only hope left , i guess in a couple of weeks we will all know if Your Confidence and my hope were misplaced or not. GLTA

Talk about conflicting messages, its no wonder people are skeptical when it comes to the stock market and what we are told. This seems to fly in the face of all we are told about Chinese overseas investment at the moment.
interesting.
eight-things-chinese-money-buying-.

Shame its not CDNL at the moment LOL

Your funny, nobody is coughing up shares apart from flippers and dilution "when the right news hits" thanks Captain Obvious why do you think we are all still waiting here for. In case you had not noticed its been some time in coming. But thanks again for tip

No year mentioned either LOL, come on man if you say first of the month it means first day of the month. Lend me $100 i will give you back first of the the month ( this date is flexible in small print) LOL

The only way this will go down there is with much much more mass dilution or the withdrawal of the Chinese money. People holding at these prices retail are not going to sell in enough quantity to take it down to those depths, unless it taken down there on purpose to scoop up cheapies. A big problem here i can see is everyone has a sh*tload of this now and no new blood so price is not moving much higher without some real positives.

The biggest problem by far has been the unrelenting greed of people bidding constantly under the ask when the price is already in the dumps for the sake of a couple of hundredths, seriously if this is going multipenny what difference will that make to your bottomline. All it does is keep it in the crapper or make it worthwhile flipping on a small climb up, either way it does not help the PPS in the near term.

The most by far, perhaps, perhaps not. Its all relative $1000 to one man is the equivalent $100k to another. Skin in the game means your in the game, size of the skin is only important to the individual

I agree, it should be on the next 10Q if it is real as this one was up to Feb 29th and the deal was unlikely to be concluded as the announcement was less than 2 weeks previous and was just to say they had announced agreement on principal terms.
It is definitely a slow burner/bleeder depending on your perspective and i remain positive if now a lot more cautiously based on the lack of follow up and definite progress i would not increase my position, its only just above subpenny so any decent verifiable news will move it fast. IMO at this PPS worth hanging in there for a while longer

Odd post, perhaps KJ told you more than you are letting on regarding the filing?
Not everyone has an endless supply of cash to pump in to something that has not rewarded any long term holders as of yet , the life changing money seems a long way off right now and if you get in at this price or 1c or 2c it makes little difference if this is really going to life changing prices and at least if it gets out of subpenny land that would be positive sign to buy, another push back and a delayed filing would not be a positive for me.

No way are they buying shares yet, all that was mentioned was a potential buyback. If they are going to they have to announce certain things like how much money they will use etc before it commences. I also believe the purpose is to increase the price not lower it LOL. Wishful thinking perhaps because of the ongoing situation.

For those without level 2 look at the trades, nearly 6 million traded at .0028 in 2 minutes, looks like we have still have some dilution issues. Wow our share count will be interesting reading when we eventually get to see it.

It could run bit i am not denying that, but i also know that it will be flipped on the way up unless its filed news not fluff. Like you said it was on low volume meaning no one really made anything out of it and down it came again because it was on fluff. I see you emphasized "could" which is probably very realistic right now

Bottom line we are all here to make a profit out of our trade, you buy in based on DD etc etc but when you find the promises not being met and fluff after fluff released you become cynical.

This has the potential that is why we are here but this company has now had a long run of unfulfilled/misleading PRs and its credibility is being stretched, there is no way this should be where it is based on its potential. that tells me lots of people need convincing.

The whole dilution event has been handled like a typical penny stock scam which has not helped their cause. If they have had money for services and units could they have not paid off the last of the diluters?

IMHO i think this dilution event has been allowed to proceed to clear the company of debt before the Chinese bank the money or its a very bad coincidence. The fact it started as soon as the first delay took place has only heightened by cynicism.

I am with you in that it will only get to a larger PPS on a RS after/If the Chinese are on board.
GLTU and i think we all need a bit of that right now

You just make my case stronger and stronger, peddling this crap for 2 months and the share price is still in the near the bottom, no delivery just promises. Must be hoarse after all the shouting for the last 2 months. At least wait for a positive sign before starting again.

So many people holding so many millions at such low prices, almost guaranteed this will flip when/if it starts to climb. Nickel is a long way off when it has trouble staying in .003 range right now and lots of itchy fingers will want to take some profits for sure. Anyone who has genuinely held this long has nothing but losses to show so far so it will have to really start delivering on these long awaited deals for this to change.

By the very nature of the product and the promises made this attracted some serious dreamers and people, willing to be treated like mushrooms ( kept in the dark and fed on sh*t) myself included i have been strung along for a year or so myself but i am no longer buying in to the big things . It is now coming into the 2nd quarter and we are no further forward, round and round the CDNL carousel turns all bright lights and loud music attracting the crowds but so far only turning in ever decreasing circles.

before someone tells me to sell/.get out whatever i will, when i decide i have waited this long i can wait longer but i am just telling it how i see it after a year of non delivery. No more tweets, no more facebook, just conclude the deal, release the filings and lets see where it goes from there, lets see how many shares are outstanding etc etc.

Probably being optimistic LOL, funny how money can be transferred for sales and services but not the Tranche? Show us the Money, April is fast approaching, this will never go anywhere without 1: the Money and 2: people willing to hit the ask both of which seem non existent at the moment.

I get what your saying and for mega projects i can see more regulation on these deals , but seriously do you honestly think that China is blocking transfers of this size for this length of time because of the Yuan/$ valuation issue.
Its academic at the moment as the facts are what they are, we have no money in the bank and are treading water PPS wise, one climb out on the last news from KJ couple of weeks back but now back in the crapper. Interestingly no after hours numbers today? how this remains at 1/3 of a penny is one of life,s great mysteries with so many possibilities as well as the Chinese money which just needs transferring.

I have said it several times and it remains true i really have no problem being wrong on this one, i just want to be wrong sooner rather than later.

With all the difficulties Cardinal has experienced in dealing with foreign governments/exim bank/foreign companies it would be prudent perhaps to look at more business inside the USA in future plans, there is still a need for their services here.

Undoubtedly there have been some delays in the transfer of funds out of China, but this is going beyond this. China would grind to a halt if deals took this long to conclude. Appreciate your DD but a billion $ IPO and this deal are not the same game. I am sure the right people should be aware how to make this proceed in a reasonably timely manner its not a mega merger. I just think now its an easy to say its the SAFE process, but 2 months seriously. We are just going round and around and around.

Moot point, its still sucks

We are all aware of what has been promised, written , speculated. Do not set deadlines that are not realistic and people will not doubt. If you have to guesstimate always err on the side of caution. I guess my nature is far more skeptical than yours, i have no problem being proved wrong on this. GLTU.

Couple of issues at the moment, nobody is hitting the ask so the price is not moving, as usual everyone one wants in at the very bottom, volume is low so i do not see too much diluting today at least. To be honest based on the last couple of months volumes i would be surprised if there are that many notes left to convert.
The other big issue is the longer it takes to make this Chinese deal the more in the back of peoples minds they are having doubts. Based on the promise completion rate over the last 15 months who can blame them. This PPS is still stuck near the bottom and stubbornly refuses to move, IMO it will not move until we see real filings and not fluff. This whole Chinese debacle has only been good for diluters and the reduction of debt. I read somewhere on here about the possibility of a 100-200 million share buy back, IMO that is fantasy as even at 1c 100milion is a cool $1million, pretty pointless to get the money after all this time and then give it away. There may be some buyback but if the PPS climbs it will not be those kind of volumes.
We are just going round and round at the moment waiting for the deal to close, 2 months and still we wait. You would think it was some kind of merger of corporate giants. Its almost a month since all that was left to do is transfer the money, must be doing it a $1 at at time LOL.

I give you the chart for CDNL from January 25th (500k traded in the 5c range) the day the Chinese Finance was originally supposed to be completed by and where we are now.. Perhaps its was just coincidence that the dilution took effect immediately after the first delay and we have been subpenny for 2 months now and a quiet day is 10 million shares when pre dilution 1 million was plenty.
I am tired of all the false dawns, the usual barrage of fluff when any dissenting voice is heard. Yes the world needs water, but at the moment does it need CDNL, you can dress it up how you want but this chart is telling it like it has been for the last 2 months , everybody is not really 100% in or this would not keep slipping back down based on what is speculated to happen in the next 12 months, people would be too afraid of missing the boat, 100k shares is $340. This is going round in circles, it goes up a little and down it comes again, rinse and repeat. Only ONE THING will stop this cycle of BS and that is the Chinese money in the bank. The lack of which caused this very situation in the first place. Without it history is just repeating itself. 2 months late people.

Have a pleasant easter weekend and lets hope the Chinese finally put the right account number on the transfer next week.

Only retirement plans will be to the poor house at the current rate of Chinese money transfers LOL. At least someone else on here admit its taking a little longer than even they imagined, makes USPS look world beaters. All the while more shares are being added and we hover just above record lows. Happy Easter to all

Its all pretty irrelevant as this thing will not move meaningfully forward without the longest money transfer in the history of commerce actually being completed, so this continues to trade in the subs open to manipulation for pennies. Somebody do the maths, how much debt has been converted, by my reckoning its substantial, what is the share count right now? For all the good things this has in the pipeline its in a pretty shi**y place right now.

Thanks for the heads up , not sure but i think you may have posted this once or twice before. Could it be MMs settling up after hours? JMO

There comes a time when everyone,s patience runs out, having been here for 10 months i think i have been pretty patient. This is going around in circles. Yeah i could sell but at its current PPS what is the point its just above its record low, i just want something real, concrete,tangible, whatever you want to call it. Hindsight is definitely 20/20 and January was the time to have bailed when the initial Chinese closing never happened, but it all looked so much rosier back then, and here we are 2 months plus later still with no Chinese money in the bank and nothing else actually achieved apart from a massive increase in the share count and a complete destruction of the PPS, Patience, i think we have been.

Most people do not think its a scam, i am not saying it is a scam. I am saying that aside from the dilution many many promises have been made and not delivered. I just have a hard time believing it takes this long to transfer money, even from a protected market like China, there must be more to than we know. This last couple of months have made me very dubious, this is not the first time the ticker has been where we are right now. Difference is now we have a potentially massive float, when will we know the real numbers

I think most on here have been more than patient and its natural that we want to see some real progression and not just another release to say why things are not happening just yet but keep believing . While ever nothing is substantiated this will never make a real forward move PPS and i am more disappointed than anything else, purely because of all the promises made over the last year that we are still waiting on.

GL

there is that many shares floating around right now every body probably has a million plus LOL. At this PPS is not exactly big money LOL

You cannot keep repeating the same message my friend, at some point the company has to deliver, i have been here quite some time, lots of promises made, nothing yet delivered. The fact that its heading south again must ring at least one alarm bell somewhere. at least be objective. The number of shares diluted/ traded in the last couple of months should mean the company should be debt free IMO the numbers are not adding up, What is the current share count this is what we need to know. Oh yeah and where is this Chinese money. Quite legitimate questions

Yeah i hope its drops to the tripps then he can buy even more, LOL, i thought the point was to move the PPS forward. My Gosh, but it will all be OK in 2021 when the Chinese money is finally in the bank. Lets just keep lowering the price it will all be ok, what a great strategy.